Medifast

Medifast, Inc.
Company typePublic
NYSE: MED
IndustryWeight loss, multi-level marketing
Founded1981[1]
Headquarters
Baltimore, Maryland
,
United States
Key people
Daniel R. Chard, Executive Chairman and CEO[2]
ProductsOptavia
Medifast diet (retired 2021)[3]
RevenueIncrease US$ 934.8 million (2020), US$1,526,087 (2021), US$1,598,577 (2022) [4][5]
Increase US$ 134.2 million (2020) [4][5]
Increase US$ 102.9 million (2020) [4][5]
Total assetsIncrease US$ 276.1 million (2020) [4][5]
Total equityIncrease US$ 157.2 million (2020) [4][5]
Number of employees
713 (2020)[5]
Websitemedifastinc.com

Medifast, Inc. (NYSE: MED) is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.

  1. ^ "Medifast (MED)". Forbes. 29 June 2022. Archived from the original on 30 June 2022. Retrieved 29 June 2022.
  2. ^ "Medifast, Inc. (MED)". Yahoo Finance. Yahoo. 29 June 2022. Archived from the original on 22 October 2022. Retrieved 29 June 2022.
  3. ^ Medifast, Inc. (4 May 2021). "Form 10-Q Quarterly Report to SEC". SEC.gov. U.S. Securities and Exchange Commission. Archived from the original on 30 June 2022. Retrieved 29 June 2022.
  4. ^ a b c d e "Medifast, Inc. Financials". Archived from the original on 2020-06-02. Retrieved 2019-08-16.
  5. ^ a b c d e f Medifast (6 September 2021). "2020 10-K Report". Securities and Exchange Commission.